Apr 13, 2018

A fuel pricing formula from May 01 Featured

The finance ministry has decided to implement a fuel pricing formula from May 01.

A cabinet paper that has been prepared says the intention is to implement it gradually by 01 April 2019.

The IMF has instructed the government to implement the pricing formula from March 31.

Meanwhile, the government is yet to give a time-frame for the implementation of the pricing formula for the electricity levy.